Do you have FOMO yet?
If you didn’t put your cash to work in 2020, then you’re fighting the tide ignited by the Fed.
Never in the history of the world has so much money been printed.
Plus, if you’re an accountant and love seeing balanced books, you’ve likely never had your eyelids twitch more than this year.
The reason is simple: countries have seen their balance sheets decimated deep into the red this year.
Countries like Canada have seen their Debt-to-GDP ratios jump from 89% to 115%.
The European Union is forecast to hit 102%. And the United States is currently at 131%.
And depending on whose numbers you believe, total Chinese debt to GDP is forecast to go as high as 318%…
The New Era of Helicopter Money
During the 2008 global financial crisis, Fed Chairman Ben Bernanke famously earned the nickname “Helicopter Ben” as the federal asset relief programs set the course for enormous money printing and fiscal aid.